ProShares Ultra Euro (ULE)

Overview

The company is focused on achieving its investment objective by engaging in a wide range of financial transactions. Primarily, it invests in a variety of Financial Instruments, including swap agreements, futures contracts, and forward contracts. These investments are based on the company’s specified benchmark. The strategy involves not just the direct investment in these financial tools but also holding onto cash or cash equivalents. These cash equivalents include highly credible and short-term fixed-income securities such as U.S. Treasury securities, which serve dual purposes—acting as collateral for the Financial Instruments the fund engages in and maintaining liquidity for future investments in these instruments.

Products and Services

• Financial Instruments:

  The company’s cornerstone product involves investing in a variety of financial instruments including but not limited to swap agreements, futures contracts, and forward contracts. These instruments are chosen based on the fund's benchmark and are utilized to meet the investment objective of the company, providing a strategic mix aimed at optimized returns.

• Cash or Cash Equivalents:

  In addition to financial instruments, the company holds cash or high-quality, short-term fixed-income securities. This includes U.S. Treasury securities among other similar securities which serve a dual role. Firstly, they act as collateral for the financial instruments the fund is engaged in. Secondly, they maintain liquidity within the fund, ensuring there's capital available for immediate investment opportunities and transactions in financial instruments.